Where The Bailout Money Is Going: Wall Street Contributes Heavily To Obama Inauguration
Even as these insolvent corporate giants stagger up again and again to the federal trough looking for another slopping of taxpayer “bailout” money they’re contributing millions to Obama’s inauguration fund raising efforts:
WASHINGTON (Reuters) – Wall Street may be bruised and battered, but it still donated more money than any other U.S. industry to President-elect Barack Obama’s inaugural festivities on Tuesday, a study has found.
The Center for Responsive Politics said executives of finance, insurance and real estate companies and their family members gave $7.1 million to Obama’s inaugural committee.
Why don’t we just call this what it is? A big, fat bribe. A down payment on more bailouts and more special treatment from the incoming Obama administration. And I’m sure that Obama, while being circumspect enough about it to avoid appear as though he’s on these guys’ payroll, will be happy to oblige.
Hope ‘n change!
